Avidian Wealth Enterprises LLC Lowers Holdings in SPDR Portfolio S&P 600 Small Cap ETF $SPSM

Avidian Wealth Enterprises LLC decreased its position in SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM) by 65.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,950 shares of the company’s stock after selling 359,433 shares during the period. Avidian Wealth Enterprises LLC owned approximately 0.07% of SPDR Portfolio S&P 600 Small Cap ETF worth $8,706,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AdvisorNet Financial Inc lifted its stake in shares of SPDR Portfolio S&P 600 Small Cap ETF by 15.5% in the second quarter. AdvisorNet Financial Inc now owns 46,403 shares of the company’s stock worth $1,977,000 after buying an additional 6,212 shares in the last quarter. Opal Wealth Advisors LLC raised its holdings in SPDR Portfolio S&P 600 Small Cap ETF by 12.1% in the 2nd quarter. Opal Wealth Advisors LLC now owns 58,548 shares of the company’s stock worth $2,494,000 after acquiring an additional 6,308 shares during the last quarter. Wealth Advisory Solutions LLC lifted its position in SPDR Portfolio S&P 600 Small Cap ETF by 2.4% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 73,714 shares of the company’s stock valued at $3,140,000 after acquiring an additional 1,746 shares in the last quarter. Hofer & Associates. Inc boosted its stake in SPDR Portfolio S&P 600 Small Cap ETF by 2.5% during the 2nd quarter. Hofer & Associates. Inc now owns 107,335 shares of the company’s stock valued at $4,572,000 after purchasing an additional 2,580 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of SPDR Portfolio S&P 600 Small Cap ETF in the 2nd quarter worth $2,141,000.

SPDR Portfolio S&P 600 Small Cap ETF Price Performance

SPSM stock opened at $49.42 on Wednesday. The stock has a market capitalization of $14.03 billion, a P/E ratio of 17.02 and a beta of 1.08. SPDR Portfolio S&P 600 Small Cap ETF has a 1-year low of $34.79 and a 1-year high of $50.46. The business has a fifty day moving average price of $47.55 and a 200-day moving average price of $46.12.

SPDR Portfolio S&P 600 Small Cap ETF Company Profile

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of US small-cap stocks selected by the S&P Committee. SPSM was launched on Jul 8, 2013 and is managed by State Street.